Turnkey Laundromat · 5,000 sq ft · $300K Cash Flow · East Orange - Business for Sale
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Laundromat with 113 Machines in East Orange, NJ
East Orange, NJ, US
Added 7 days ago
Personal Product & Service, Retail Stores
8 years in business
Established laundromat in East Orange, NJ, operating a 5,000 sq ft facility with 113 professional machines and a private well system.
Key Information
Asking
$2.1M
Revenue
$564K
Earnings
$300K
Multiple
7.2x
Key Highlights
- 5,000 sq ft facility with 113 machines (55 Electrolux washers, 58 Huebsch dryers)
- All equipment installed within past 12 months and under 3-year warranty
- Equipment value exceeds $700,000
- Private well system eliminates water costs
- Fully cashless LaundroWorks card system
- Assumable $500,000 loan included
- Business established for 8 years
- Located next to a national retail anchor
- Adds approximately 197 new customer cards monthly
Contact Info
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